Hub Group Inc. (NASDAQ:HUBG) delivered a profit and met Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are down 0.71%.
Hub Group Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 13.51% to $0.42 in the quarter versus EPS of $0.37 in the year-earlier quarter.
Revenue: Rose 3.93% to $769 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Hub Group Inc. reported adjusted EPS income of $0.42 per share. By that measure, the company missed the mean analyst estimate of $0.42. It missed the average revenue estimate of $788.12 million.
Quoting Management: “We are pleased with our results, delivering a 14% increase in earnings per share and improving margins. We remain focused on managing our business units to deliver a profitable return for our shareholders,” said David P. Yeager, Chairman and Chief Executive Officer of Hub Group
Key Stats (on next page)…
Revenue decreased 4% from $801.02 million in the previous quarter. EPS decreased 17.65% from $0.51 in the previous quarter.
Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.51 and has not changed. For the current year, the average estimate has moved up from a profit of $2.07 to a profit of $2.08 over the last ninety days.
Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)